Investor solicitation laws and paperwork. It appears Reg D Rules 505 or 506 would be applicable to a $3 million securities offering. A comprehensive business plan is always a good starting point; however, large investor solicitations have investment risks, other purchaser disclosure, and financial information requirements.
Contrary to popular belief, the Federal Small Business Administration or SBA does not provide loans but merely provides loan guarantees on loans made by its lending partners (Banks, Community Development Organizations, Microlending Institutions and other lenders). There are several SBA loan programs and the requirements for each program vary.
There are various considerations (legal, tax, general operational, etc.) that must be addressed when starting a nonprofit. Forming a nonprofit business first involves the determination that your planned activities will qualify for an IRS nonprofit exemption.
Doing Business As (DBA) name, assumed name, fictitious name, and trade name generally refer to the same thing, but business name registration laws and processes do vary by state.
Of course, the angel investor category can include family, friends, and business associates. Also, the type of business venture and amount of capital needed can influence where to look for angel investors. For example, your local accountant, lawyer, banker, or another business contact…
We do not know the type of consulting services you plan to offer. However, business consultants and other service businesses have standard billing rates by staff position. Also, these billing rates are often adjusted based on the total hours of the project, competing consultant fees, and other factors.